China boasts a huge potential for foreign enterprises and entrepreneurs to innovate and thrive, whether they are established business or emerging industries, said foreign business leaders in Shanghai.
China has been making continuous efforts to strengthen intellectual property protection. Several European companies have recently announced significant expansions in their investment in China, demonstrating confidence in the Chinese market.
Shanghai's efforts to strengthen intellectual property (IP) protection have garnered trust from foreign enterprises, marking a pivotal factor in evaluating its business environment.
The protection of intellectual property rights has become a pivotal issue within the pharmaceutical sector in recent years, with Shanghai taking notable strides in safeguarding these rights.
The World Intellectual Property Organization (WIPO) Arbitration and Mediation Center has extended its services to central and western China through a cooperation agreement with the Chongqing Higher People's Court.
The 2024 Belt and Road Intellectual Property Protection Symposium took place in Shanghai on June 13.
Shanghai will continue to deepen the implementation of its outline for building a strong intellectual property city and focus on putting the municipality at the international forefront of IP protection, providing powerful IP support for various enterprises, including foreign-funded ones, to invest and develop, said a senior official of the Shanghai Intellectual Property Administration on June 13.
The Jiading district intellectual property administration has recently received a commendation banner from Volvo Car (Asia Pacific) Investment Holding Co Ltd, recognizing its exemplary efforts in protecting intellectual property (IP).